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Respondent determined a deficiency in petitioner's Federal
income tax for 1992 in the amount of $2,548 and an accuracy-
related penalty pursuant to section 6662(a) in the amount of
$510.
The issues for decision are: (1) Whether petitioner is
entitled to itemized deductions in excess of the standard
deduction allowed by respondent; and (2) whether petitioner is
liable for the section 6662(a) accuracy-related penalty.
Some of the facts have been stipulated and are so found.
The stipulations of fact and attached exhibits are incorporated
herein by this reference. Petitioner resided in Miami, Florida,
on the date the petition was filed in this case.
Petitioner worked as a car salesman during 1992. The
apartment building in which he lived during 1992 was damaged by
hurricane Andrew in August 1992. He alleges that all records
that he maintained with respect to his 1992 taxable year were
destroyed by hurricane Andrew.
On his 1992 return, petitioner claimed itemized deductions
in the total amount of $12,713.2 In the statutory notice of
deficiency, respondent disallowed petitioner's claimed itemized
issue. All Rule references are to the Tax Court Rules of
Practice and Procedure.
2 The itemized deductions claimed include a medical
expense deduction in the amount of $689, a charitable
contribution deduction in the amount of $1,010, and miscellaneous
itemized deductions in the total amount of $11,014, which include
employee business expenses and tax preparation fees.
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